Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

The Brilliant Loans direct number, 01792 277 277,  is not currently working.

Please Call us via Brilliant Solutions on 01792 277 555, option 3

We hope to resolve this asap. Apologies for the inconvenience.


In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Precise Mortgages Update

Covering Residential Mortgages, BTL, Secured Loans and Bridging Finance; all of the Precise Mortgage products are available via our specialist packaged team and our direct to lender mortgage club.  

Precise Mortgages buy to let product withdrawals.

Precise Mortgages are launching a new range of buy to let products on Friday 1 April 2022.

To secure a product from the current range, including their limited edition products, you must fully submit your applications before 8pm on Thursday 31 March 2022.

The new range of products will be available on the Precise Mortgages website from 9am on Friday 1 April 2022.

Precise Mortgages – Refreshes and widens Buy to Let range

We are withdrawing all Precise Mortgages Buy to let products including our limited edition range with effect from 8pm tomorrow Thursday 31st March.  Please ensure that ALL applications are submitted in full with fees paid before 8pm tomorrow in order to secure the rates.

Please note that there will be NO exceptions for cases that miss this deadline.

Precise Mortgages Refreshes and widens Buy to Let range

I’m delighted to announce that as of Friday 1st April, we have widened our criteria on Tier 2 as well as changed our affordability assessment rate on our Buy to Let range.  These changes have been designed to provide a competitive solution for brokers to offer their buy to let landlords.

Widened criteria – up to 80% LTV (Tier 2)

>. Defaults and CCJs over 2 years old not counted 
>. Unsecured credit arrears; 1 in 12 months, 2 in 36 months (worst status)
>. Personal ownership and limited company/SPVs acceptable
>. Up to 6 bed HMOs considered (excludes MUBs)
>. Top slicing available across the entire product range

Affordability assessment rate changes

>. The assessment rate for affordability purposes has changed to 5.75% on 2 year fixed rates*
>. 5 year fixed rates continue to be assessed at pay-rate*
*refer to product guide for more details

Feature products (maximum loan £500k) introduced across the entire Buy to let range 

>. For customers looking for reduced costs we are now introducing products with £0 fee, refund of valuation and £500 cashback across our 2 year and 5 year fixed rate products at all LTVs.

Precise Mortgages – Widens residential adverse and re-introduces Right to Buy

Back by popular demand Precise Mortgages is widening its DMP, default and CCJ criteria as well as re-introducing Right to Buy with additional bells and whistles!

Highlights include:

Adverse widened

>. 5 Defaults plus 3 CCJs now considered up to 80% LTV in last 2 years
>. No monetary cap on the value of the Defaults or CCJs
>. Adverse does not need to be satisfied 
>. Active and satisfied DMPs also increased to 85% and up to 80% LTV will allow up to 5 defaults and 3 CCJs
>. Defaults and CCJs registered over 2 years are not counted
(Default and CCJ rules at 85% LTV remain unchanged)

Right to Buy re-introduced

>. 100% of discounted purchase price, maximum 75% open market value
>. PRC upgraded concrete properties NOW considered including Wimpey no fines & Laing Easiform 
>. Available to houses in England only
>. All products have no product fee and a refund of valuation on completion (up to £630)
>. Less than perfect credit histories considered

(There are no changes to the Help to Buy range)

I hope that you’ll agree that these are welcomed enhancements to the already extensive Precise Mortgages residential range.

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